ELEVATE Apartments - Lincoln Park_Property for Sale
ELEVATE Apartments - Lincoln Park_Property for Sale
930 W Altgeld St, Chicago, IL, 60614-5168, US

ELEVATE Apartments - Lincoln Park

Asset Description

JLL is pleased to present Elevate Lincoln Park, a truly unique 191-home, mid-rise apartment building located in the heart of Lincoln Park, one of Chicago’s premier neighborhoods. Elevating residents’ lives both inside and outside of their homes, Elevate offers residents an immaculate living experience. Apartment interiors boast luxurious finishes and the building’s incredible suite of amenities rival top hotels. The property includes 16,612 SF of prime, Lincoln Avenue frontage retail space in a central Lincoln Park location. Residents enjoy immediate access to an endless array of neighborhood amenities, including parks, beaches, museums, restaurants, and more. The transit-orientated property is conveniently located proximate to a myriad of transit options, including Lake Shore Drive, I-94, and the Red, Brown, and Purple CTA lines.

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Attributes

Year built
2018
Number of floors
11 floors
Number of units
191
Occupancy
98%
Building area net
16,254 m²

Media

Investment Highlights

GENERATIONAL ASSET

• Rare Mid-Rise Asset in Lincoln Park

• Soaring Replacement Costs

• 100% Market Rate Units

• Extremely High Barriers to Entry Submarket

• Zero New Supply Pipeline


UNMATCHED LOCATION

• Heart of Lincoln Park (A+ Overall Rating)

• Walk to Everything Location (96 Walk Score)

• Dining and Nightlife Galore

• Excellent Transportation Options


TROPHY PROPERTY

• Unparalleled Amenity Package

• Spectacular City & Lake Views

• High-End Sophisticated Home Finishes & Features


UNWAVERING PERFORMANCE

• 96% Avg Occupancy since January 2022

• Minimal Concessions


FLIGHT TO NEIGHBORHOODS

• CBD is Rapidly Expanding Beyond the Loop

• Neighborhood Outperformance

ELEVATE Apartments - Lincoln Park 4_Property for Sale
ELEVATE Apartments - Lincoln Park 4_Property for Sale

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ELEVATE Apartments - Lincoln Park (0 Properties)

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Last updated
18 Jul 2024